Asahi’s $16B takeover of CUB gets frosty reception by ACCC

Competition & Consumer Protection 2019-12-12 11:15 pm By Christine Caulfield | Melbourne

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The Australian Competition and Consumer Commission has raised concerns about Asahi’s proposed $16 billion acquisition of Carlton & United Breweries, saying the deal would likely reduce competition in the cider market and could also impact on the beer market.

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